The category of “white collar crimes” encompasses a wide range of nonviolent crimes which are financially
motivated in nature and typically involve the use of deceit or theft for
personal financial gain. Usually committed by persons of power or high-status
in the context of their occupation, these types of crimes can involve
a wide range of unethical acts such as misappropriating company funds,
abusing access to privileged information, collusion, or engaging in some
sort of wide-reaching scam. White collar crime charges can expose defendants
to serious criminal consequences upon conviction and inflict permanent
damage to their personal and professional reputation.
Common white collar crimes include:
According to the Federal Bureau of Investigation (FBI), white collar crimes
cost the United States an estimated $300 billion dollars annually. In
many cases, white-collar crimes can be difficult to prosecute due to the
oftentimes sophisticated methods used by perpetrators to cover their tracks,
with many charges being brought against defendants only after their actions
are made public to a whistleblower.
White Collar Crimes Can Be State or Federal Crimes
Many white collar crimes are federal offenses which are prosecuted by agencies
such as the FBI, Drug Enforcement Administration (DEA), Secret Service,
Criminal Division of the Internal Revenue Service (IRS), Postal Service,
and Customs. In the United States, punishments for white-collar crimes
increased substantially in 2002 with the passing of the Sarbanes-Oxley
Act in the wake of the massive Enron scandal. Since white collar crimes
can involve the violation of several federal and state laws and can carry
a wide range of punishments, it is imperative that accused individuals
retain the services of a skilled
criminal defense attorney to minimize their chances of conviction.
If you have been charged with a white collar crime, contact Blumenthal
Law Offices immediately. Having both a former Deputy District Attorney
and a certified fraud investigation specialist on our team, our Riverside
white collar crime lawyers are equipped with the knowledge and skills
you need to give you a fighting chance against the prosecution’s claims.
Call (951) 682-5110 or
schedule your no-cost case review today to get started.